On October 9, 2025, the price of regular gasoline was highest in California, at around **** U.S. dollars per gallon. This was some *** dollars above the national average of **** U.S. dollars. California's high motor fuel prices are largely determined by it being the U.S. state with the highest gasoline tax. Tax impact on pump prices As of January 2024, California's gasoline tax reached **** U.S. cents per gallon, far exceeding rates in other states. This tax burden plays a crucial role in shaping retail prices, with federal and state taxes being one of the strongest determinants of what consumers pay at the pump. The revenue generated from these taxes is typically reinvested in road infrastructure, demonstrating the direct link between fuel costs and transportation development. Winter months see lowest prices While taxes significantly influence gasoline prices, crude oil costs remain the primary factor, accounting for ** percent of the retail price in February 2025. The volatility of crude oil prices directly impacts pump prices, as seen in the fluctuations over recent years. Conventional motor fuel prices, including gasoline and diesel, are generally lowest in the winter months. This is due to generally lower demand during those months, as well as the winter fuel blend being less expensive to produce than the summer alternative.

Graph and download economic data for Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Riverside-San Bernardino-Ontario, CA (CBSA) (APUS49C7471A) from Jan 2018 to Sep 2025 about Riverside, energy, gas, urban, CA, retail, price, and USA.

In August 2025, crude oil accounted for a 51 percent share of the retail cost of gasoline in the United States. Crude oil costs are the greatest determining factor for petroleum product prices such as gasoline. This is also reflected in the U.S. diesel price breakdown, with crude oil making up 42 percent of the retail price that same month. U.S. gasoline cost breakdown The end price that consumers pay for gasoline in the U.S. is made up of several different components. The weighting of these different costs in the end price of gasoline is also very dynamic depending on the market. In April 2020, just 25 percent of the cost of one U.S. gallon of gasoline was from the cost of crude oil, as a result of the 2020 oil crisis. Other cost components are those associated with refining, distribution and marketing, and taxes. Residents in California pay the highest gasoline taxes out of all U.S. states, at 68.1 cents per gallon as of January 2024. U.S. gasoline prices Since 1980, U.S. gasoline prices have fluctuated greatly, usually reflecting the volatile nature of crude oil prices. The U.S. has some of the lowest unleaded premium prices in the world. When looking at the real U.S. gasoline price to end users, figures amounted to 1.24 real U.S. dollars per gallon in 2023. This ‘real’ U.S. dollars figure refers to the purchasing power of one U.S. dollar relative to the period of time between 1982 and 1984.

Gasoline prices in the United States have experienced significant fluctuations over the past three decades, with 2024 seeing an average price of 3.3 U.S. dollars per gallon. This marks a notable decrease from the record high of 3.95 U.S. dollars per gallon in 2022, yet remains considerably higher than prices seen in the early 2000s. Despite this, American consumers continue to enjoy relatively low gasoline prices compared to many other countries, with some European countries paying more than double the U.S. average. Drivers in Hawaii and California pay the most at the pump Gasoline prices vary significantly across the United States, with Hawaii and California consistently ranking as the most expensive states for this fuel. As of January 1, 2025, Hawaii's average price for regular gasoline was 4.54 U.S. dollars per gallon, nearly 1.5 dollars above the national average. California's high prices are largely attributed to its steep gasoline taxes, which reached 68.1 U.S. cents per gallon in January 2024. These taxes play a crucial role in shaping retail prices and are typically reinvested in road infrastructure, demonstrating the direct link between fuel costs and transportation development. Patterns in gasoline consumption In a global context, the United States maintains some of the lowest conventional motor fuel prices among high-income countries. This is largely due to its position as the world's largest crude oil producer, allowing it to keep retail prices comparatively low. Despite fluctuations in price, gasoline consumption in the U.S. remains robust, averaging around 8.5 million barrels per day in 2024. Consumption tends to be highest in the summer months and lowest in the winter months due to changing driving behavior.

West Virginia and Kansas had the lowest cost of living across all U.S. states, with composite costs being half of those found in Hawaii. This was according to a composite index that compares prices for various goods and services on a state-by-state basis. In West Virginia, the cost of living index amounted to **** — well below the national benchmark of 100. Virginia— which had an index value of ***** — was only slightly above that benchmark. Expensive places to live included Hawaii, Massachusetts, and California. Housing costs in the U.S. Housing is usually the highest expense in a household’s budget. In 2023, the average house sold for approximately ******* U.S. dollars, but house prices in the Northeast and West regions were significantly higher. Conversely, the South had some of the least expensive housing. In West Virginia, Mississippi, and Louisiana, the median price of the typical single-family home was less than ******* U.S. dollars. That makes living expenses in these states significantly lower than in states such as Hawaii and California, where housing is much pricier. What other expenses affect the cost of living? Utility costs such as electricity, natural gas, water, and internet also influence the cost of living. In Alaska, Hawaii, and Connecticut, the average monthly utility cost exceeded *** U.S. dollars. That was because of the significantly higher prices for electricity and natural gas in these states.

Graph and download economic data for Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in San Francisco-Oakland-Hayward, CA (CBSA) (APUS49B74714) from Jan 1978 to Sep 2025 about San Francisco, energy, gas, urban, CA, retail, price, and USA.

View weekly updates and historical trends for California Retail Gas Price. Source: Energy Information Administration. Track economic data with YCharts ana…

Crude oil is the greatest cost component determining diesel retail prices in the United States. In August 2025, 42 percent of the diesel retail price was set by crude oil costs. That month, one gallon of diesel sold for an average of 3.75 U.S. dollars. U.S. diesel prices have generally stagnated in late 2025. Fuel consumption remains high despite higher prices Diesel and gasoline prices have experienced significant fluctuations over the past decades. In 2024, the average gasoline price stood at 3.3 U.S. dollars per gallon, a decrease from the 2022 peak but still higher than early 2000s levels. Despite these changes, U.S. gasoline consumption has remained high, averaging around 8.5 million barrels per day in 2024, with seasonal variations affecting demand. Tax impact on fuel costs across states Taxes play a significant role in determining fuel prices, with state-level differences creating notable price variations across the country. As of 2023, the average state tax for gasoline was 30.5 U.S. cents per gallon, while diesel faced a slightly higher average tax of 33.15 U.S. cents. These taxes contribute to the overall retail price and are often reinvested in road infrastructure. California, for instance, imposes some of the highest gasoline taxes in the country, reaching 68.1 U.S. cents per gallon in January 2024, which significantly impacts the state's fuel prices.

View monthly updates and historical trends for San Francisco Retail Gas Price. Source: Energy Information Administration. Track economic data with YCharts…

According to Cognitive Market Research, the global Natural Gas Vehicles Market size will be USD 36251.8 million in 2025. It will expand at a compound annual growth rate (CAGR) of 3.8% from 2025 to 2033.

North America held the major market share for more than 37% of the global revenue with a market size of USD 13413.17 million in 2025 and will grow at a compound annual growth rate (CAGR) of 1.6% from 2025 to 2033.
Europe accounted for a market share of over 29% of the global revenue with a market size of USD 10513.02 million.
APAC held a market share of around 24% of the global revenue with a market size of USD 8700.43 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2033.
South America has a market share of more than 4% of the global revenue with a market size of USD 1450.07 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.1% from 2025 to 2033.
Middle East had a market share of around 3.8% of the global revenue and was estimated at a market size of USD 1377.57 million in 2025 and will grow at a compound annual growth rate (CAGR) of 2.8% from 2025 to 2033.
Africa had a market share of around 2.2% of the global revenue and was estimated at a market size of USD 797.54 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.5 % from 2025 to 2033.
Aftermarket is the fastest growing segment of the Natural Gas Vehicles Market industry

Market Dynamics of Natural Gas Vehicles Market

Key Drivers for Natural Gas Vehicles Market

Government Incentives and Environmental Regulations is Expected To Boost Market Growth

Government incentives and green regulations are key drivers for the global NGV market. Governments across the world understand the pressing need to mitigate greenhouse gas (GHG) emissions and cleaner air, spurring policies that encourage cleaner fuel uptake. For instance, the United States provides federal tax credits of up to $10,000 per vehicle under the Clean Vehicle Rebate Project to persuade fleet operators to adopt compressed natural gas (CNG) and liquefied natural gas (LNG) vehicles. Likewise, the European Union's strict Euro 6 emission rules and the ambitious Green Deal requirement have spurred NGV uptake by calling for a reduction in nitrogen oxides (NOx) and particulate matter. These regulatory systems are frequently accompanied by financial incentives to purchase NGVs and to build infrastructure, increasing CNG/LNG refueling stations and vehicle conversion programs. The California Low Carbon Fuel Standard, for instance, sets requirements for carbon intensity reductions of 10-20%, which are directly promoting NGVs. Statistics provided by the International Energy Agency (IEA) indicate that jurisdictions with robust regulatory backing have NGV market expansion rates in excess of 5% per annum, highlighting how government stimulus and environmental regulations make for a win-win of economic cost savings and sustainability?.

Expansion of Refueling Infrastructure To Boost Market Growth

Infrastructure development for natural gas refuelling is a key driving factor behind the expansion of the NGV market. Refueling station access and convenience are still paramount considerations when fleet operators and private customers decide to use NGVs. Governments and private investors have invested heavily across the globe in building extensive CNG and LNG station networks over the last ten years. For instance, China takes the lead with more than 1,500 public natural gas refuelling stations as of 2023, supporting its massive, heavy-duty trucking fleet. The US comes in second, with over 1,000 stations along major freight corridors, supported by projects such as the Natural Gas Vehicle Infrastructure Program (NGVIP). Europe's rollout of over 800 refuelling points boosts cross-border connectivity, a key priority for logistics firms. Sustainable infrastructure eliminates "range anxiety" and decreases downtime in operation, which is essential for commercial fleets with stringent schedules.

Restraint Factor for the Natural Gas Vehicles Market

High Initial Vehicle Cost, Will Limit Market Growth

The most valuable constraint decelerating the expansion of the Natural Gas Vehicles (NGVs) market is the elevated initial purchase price of NGVs when compared to traditional gasoline or diesel cars. NGVs generally entail specialized fuel systems, bolstered tanks, and adapted engines, all...

Graph and download economic data for Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in San Diego-Carlsbad, CA (CBSA) (APUS49E74714) from Jan 1978 to Sep 2025 about San Diego, energy, gas, urban, CA, retail, price, and USA.

Graph and download economic data for Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Los Angeles-Long Beach-Anaheim, CA (CBSA) (APUS49A7471A) from Jan 1978 to Sep 2025 about Los Angeles, energy, gas, urban, CA, retail, price, and USA.